Chart of Accounts - Childcare Ventures

1 Chart of AccountsThe Chart of Accounts is a listing of all Accounts in the general ledger. Each account has a reference Numbers1000 to 1999asset accounts2000 to 2999liability accounts3000 to 3999equity accounts4000 to 4999revenue accounts5000 to 5999cost of goods sold6000 to 6999expense accountsSeparate each account by several numbers so that Accounts may be added note that account numbers may be assigned by your accounting :Current Assets1000 Cash1010 Petty Cash1020 Chequing Account1030 Savings Account1040 Total Cash1050 Investments1060 Accounts Receivable1070 Accounts Receivable1080 Accounts Receivable - Subsidy1090 Total Accounts Receivable1100 Prepaid Expenses1110 Employee Advances1120 Total Current Assets1200 Fixed Assets1500 Furniture and Fixtures1510 Administration1520 Child Care1530 Total Furniture and Fixtures1540 Equipment1550 Administration1560 Child care1570 Kitchen1580 Total Equipment1590 Land1600 Building1610 Vehicle1620 Building Improvements1630 Leasehold Improvements1640 Computers1650 Accumulated Depreciation, Furniture & Fixtures1660 Accumulated Depreciation, Equipment1670 Accumulated Depreciation, Building1680 Accumulated Depreciation.

2 Building Improvements1690 Accumulated Depreciation, Vehicles1700 Accumulated Depreciation, Computers1710 Total Fixed Assets1720 TOTAL ASSETSA ccount NumberSub-groupGroupHeaderAccount NumberLIABILITIESC urrent Liabilities2000 Accounts Payable2010 Wage Accounts Payable2020 Wages Payable2030 Vacation Payable2040 Bonuses Payable2050 Employee Benefits Payable2060 Total Wage Accounts Payable2070 Source Deductions Payable2080 CPP Payable2090EI Payable2100 Income Taxes Payable2110 Total Source Deductions Payable2120 WCB Payable2130 Corporate Taxes Payable2140 Credit Card Payable2150 Other Current Liabilities2160 GST2170 GST Collected2180 GST Paid2190 GST Payments/Refunds2200 Total GST2210 Total Current Liabilities2220 Long-Term Liabilities2500 Bank Loans Payable2510 Leases Payable2520 Finance Contracts Payable2530 Mortgage Payable2540 Shareholder's

3 Loans2550 Other Long-Term Liabilities2560 Total Long-Term Liabilities2570 TOTAL LIABILITIESEQUITYS hare Capital3300 Common Shares3310 Preferred Shares3320 Total Share Capital3400 Retained Earnings3500 Retained Earnings3560 Current Earnings3600 Total Retained Earnings3690 TOTAL EQUITYSub-groupGroupHeaderAccount NumberREVENUEP rogram Fees4000 Infant/Toddler4010 Fees4020 Subsidies4030 Total Infant/Toddler4040 Preschool4050 Fees4060 Subsidies4070 Total Preschool4080 Out of School Care4090 Fees4100 Subsidies4110 Total Out of School Care4120 Kindergarten4130 Family Day Home4140 Agency Fee4150 Parent Fees4160 Total Family Day Home4170 Total Program Fees4180 Grants4200 Making Spaces Grant4210 Community Facility Enhancement4220 Technical Assistance Grant4230 Quality Funding Grant4240 Benefit Contribution Grant4250 Professional Development Grant4260 Child Care Staff Attraction Incentive Allowance4270 Total Grants4280 Wage Subsidy4300 Wage Subsidy4310 Total Wage Subsidy4320 Other Income4400 Other Income4410 Interest4420 Total Other Income4430 TOTAL REVENUESub-groupGroupHeaderAccount NumberEXPENSESW ages and Benefits6000 Staff Wages6010 Executive Director6020 Program Director6030 Benefits6040 CPP6050EI6060 Total Wages and Benefits6070 Direct Service Expenses6100 Resource/Educational Materials6110 Toys6120 Craft Materials6130 Food6140 Kitchen Supplies6150 Other Supplies6160 Total Direct Service Expenses6170 Day Home Provider Fees6200 Day Home Provider Fees6210 Total Day Home Provider Fees6220 Facilities Expenses6500

4 Janitorial Expense6510 Utilities6520 Property Tax6530 Rent6540 Repairs and Maintenance6550 Total Facilities Expenses6560 Sub-groupGroupHeaderAccount NumberGeneral and Administrative Expenses6600 Advertising and Promotion / Website6610 Telephone / Internet / Fax Expense6620 Cell Phone6630 Meals & Entertainment6640 Bank Charges6650 Interest on Long-Term Debt6660 Business Licenses & Permits6670 Dues & Subscriptions6680 Equipment Leases6690 Insurance Expense - General Liability6700 Insurance Expense - Director's Liability6710 Professional Development6720 Professional Fees6730 Accounting6740 Consulting6750 Legal6760 Total Professional Fees6770 Automotive Expenses6780 Fuel6790 Repairs and Maintenance6800 Insurance and Registration6810 Reimbursements6820 Total Automotive Expenses6830 Travel/transportation Expense6840 Computer Repairs & Maintenance6850 Photocopying6860 Photocopier Charges6870 Photocopier Supplies6880 Total Photocopying6890 Office Supplies6900 Postage and Courier6910 Bad Debt Expense6920 Collections Expense6930 Depreciation Expense6940 Miscellaneous Expense6950 Total General and Administrative Expenses6960 TOTAL EXPENSES